Sale Price of Home: (Kshs) Length of Mortgage: years
Down Percentage(%) 
Annual Interest (%) 
Explain Calculations: Show me the calculations and amortization
 
Home arrow Estate Development
Estate Development
  • Feasibility study confirming viability of the project to be submitted with the application form.
  • Evidence of availability of End-Buyers of units to be developed.
  • Evidence of Promoter's/Developer's ability to inject his/its contribution (preferably 50%) to start up the project.
  • Evidence of availability of individual titles of plots to be developed.
  • Approved building plans.
  • Approved structural drawings for apartment blocks.
  • Priced bills of quantities.
  • Evidence of availability of existing source(s) of income to service interest during construction and/or the entire construction facility, incase of slow sales or lack of sales.
  • Projected valuation report carried out by a valuer on the approved panel disclosing:
       
    • Capital value
       
    • Market value
       
    • Mortgage value
       
    • Insurance value
    • Forced sale value (reserve price)
    Parts 1 to 5 per unit as well as the entire project

Apply for your Mortgage today. Download and complete the application form .
 And send to:   
The Managing Director
S&L Mortgages from KCB Head office
Salama House, Mama Ngina Street
P.O Box 45129,00100 GPO Nairobi

For more information, visit your nearest S&L Branch or email us at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 

 

Mortage Finance Requirements

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